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Gloomy Google report hurts Nasdaq; Stocks fallTrading of Google stock halted Thursday after a poor earnings report was prematurely published. The report's聽bleak advertising figures dragged down Facebook stock as well.
The real lesson about capping itemized deductionsThe campaign of GOP presidential candidate Mitt Romney has criticized the Tax Policy Center for new research that聽provides evidence that a deduction cap is a pretty good, though insufficient, idea, Gleckman writes.
Bullet tax? Chicago eyes curbing violence, raising money.Cook County official proposes a five-cent bullet tax to curb violence. Bullet tax would raise an estimated $1 million a year.- Bullet tax? Chicago eyes curbing violence, raising money.Cook County official proposes a five-cent bullet tax to curb violence. Bullet tax would raise an estimated $1 million a year.
Google's big miss highlights Wall Street's big worryGoogle isn't the only company reporting disappointing revenues. So far this earnings season, most companies have exceeded profits expectations, but only 42 percent have beaten revenue forecasts.
Is that online review a fake?Paid product reviews are spreading on the Internet. Can technology help?
Nobel prize for economics: A win for the narrow viewRoth and Shapley win Nobel for work involving market design. But is it economics if it only fits specific markets?聽
Jobless claims jump by 46,000Seasonally adjusted 鈥渋nitial鈥� unemployment claims jumped to 388,000 claims for the prior week while seasonally adjusted 鈥渃ontinued鈥� jobless claims dropped to 3.252 million.聽
Eurozone summit: Will EU get veto over national budgets?Before leaving for the summit, German Chancellor Angela Merkel called for the EU to be given veto power over national budgets. But European leaders remain divided on the idea.
The thrifty joy of hosting a potluckPotlucks let you spend evenings with people whose company you enjoy while also enjoying very inexpensive food, Hamm writes.
Jobless claims jump 46,000 鈥� but on a technicalityJobless claims rose last week based on late data from California. Adjusting for that distortion, jobless claims suggest continued modest hiring ahead.
China economy hits bottom. Time to buy stocks?China posts slowest growth since 2009, but other signs point to stronger-than-expected growth ahead. Some analysts say the time is right to buy Chinese equities.聽
Sprint to gain control of ClearwireSprint purchase of Clearwire stock will give it a 53 percent stake in the wireless network operator. Clearwire has large network but weak financials.
Newsweek to drop print for all-digital editionsAfter 80 years in print, Newsweek will stop publishing its print magazine on Dec. 31. The new Newsweek will be a single, worldwide edition that requires a paid subscription. It will be available on tablets, smartphones, and desktop online reading.
Buy a ring, get a free gun, jeweler offersBuy a ring, get a gun is the brainchild of an Iowa jeweler trying to entice deer-hunting husbands-to-be. Anyone spending at least $1,999 on an engagement ring gets a free rifle.聽
How much revenue would a cap on itemized deductions raise?Capping deductions would raise revenue in a highly progressive way but how much revenue and how progressive depend on the cap, Williams writes.
Flight attendants: Pay is less, but American has openingsFlight attendants' pay will be lower for 1,500 new hires at American Airlines. With flight attendants' pay averaging $45,000, American is trying to cut $1 billion in labor costs to emerge from bankruptcy.
Average student debt rises. Again.Average student debt for recent college grads now stands at $26,600. Two-thirds of the 2011 class has student debt.聽
Stock market edges up on stronger housing reportThe stock market ended mostly higher Tuesday after a surprisingly strong housing report.聽Better results from Mattel, Goldman Sachs, and Johnson & Johnson also shot the聽stock聽market higher.
Nike drops Lance Armstrong. Is his net worth in jeopardy?Lance Armstrong's reputation has been hit hard by the doping scandal that has stripped him of his Tour de France titles and banned him for life from professional cycling. His pocketbook could be next.聽
